Phillip Kingston,who once rubbed shoulders with Silicon Valley billionaires,sold his last two assets – a ute and a membership to a golf club – before he was declared bankrupt.
Liquidators are questioning witnesses in the Federal Court about the finances of failed fintech venture Sargon,over allegations the company potentially traded while insolvent.
The fintech,which has been outspoken on start-up issues,has gone quiet as receivers and administrators go into some of its entities.
In another move of damage control,OneVue receivers have acquired Sargon shares in financial services company Sequoia.